Loan payment agreement letter templateLoan Agreement • May 7th, 2021
Contract Type FiledMay 7th, 2021A loan agreement is a written agreement between a lender and a borrower. The borrower promises to pay back the loan in line with a repayment schedule (regular payments or a lump sum). As a lender, this document is very useful as it legally enforces the borrower to repay the loan. This loan agreement can be used for business, personal, real estate, and student loans. Table of Contents Extension (Loan) Agreement – Extends the maturity date of the loan. Download: Adobe PDF, MS Word (.docx), OpenDocument Family Loan Agreement – For the borrowing of money from one family member to another. Download: Adobe PDF, MS Word (.docx), OpenDocument I Owe You (IOU) – The acceptance and confirmation of money that has been borrowed from one (1) party to another. It does not commonly give details about how or when money will be paid back or list any interest rate, payment penalties, etc. Download: Adobe PDF Loan (Personal) Guarantee – If someone does not have sufficient credit to borrow money this form